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Updated over 9 years ago on . Most recent reply

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Ariel Boyle
  • Wilmington, NC
9
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10
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Newbie from NYC Area

Ariel Boyle
  • Wilmington, NC
Posted

Hi I am a newbie currently renting (throwing my money away) in Queens, NY, but looking to go into house hacking with a duplex or triplex in the suburbs outside of the city.  I am originally from Rockland County so looking into Westchester and Northern New Jersey primarily.  I am 25 and currently have no experience in Real Estate, except for the research I have done on this website and the people I know who have some rental experience.  Any advice is welcome from investors in the area or outside!

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1,350
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Linval T.
  • Investor
  • Bay Shore, NY
688
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1,350
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Linval T.
  • Investor
  • Bay Shore, NY
Replied

@Ariel Boyle

Welcome to the vibrant BP community. Your time here will be well spent.

Since you expressed an interest in multifamily units, I added the link below.

http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex)

Now that you have made the move, below are some links that will help with the navigation of the site.

https://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)

https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)

Before your 1st purchase, please ensure you visit the below link for some tips.

https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/

REI books suggested by BPers

https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational, thought provoking ideas relevant to REI.

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